Investment Sub-Committee (ISC)
BPOMAS invites suitably qualified professionals to express their interest in serving as Independent Members of the following Sub-Committees: 3. Investment Sub-Committee (ISC). The Sub-Committee members will be appointed for a term of five (5) years and will be eligible for re-appointment for one further term of five (5) years, subject to the applicable Terms of Reference, satisfactory performance and relevant governance approvals.
Job Summary
- Employer: BPOMAS
- Job Type: Contract
- Location: Gaborone, Botswana
- Category: Governance
- Closing Date: 2026-10-13
Key Responsibilities
- The Sub-Committee members will be appointed for a term of five (5) years and will be eligible for re-appointment for one further term of five (5) years, subject to the applicable Terms of Reference, satisfactory performance and relevant governance approvals.
Requirements
- Interested candidates should submit their applications by 13 October 2026 via email to recruitment@bpomas.co.bw, clearly stating in the subject line: “Expression of Interest – Independent Sub-Committee Member -[HRSE / FARC / ISC]”.
- Visit https://www.bpomas.co.bw/jobs-tenders or scan the QR code to view the full advert and job requirements.
How to Apply
To apply, please visit: bpomas.co.bw
About the Company
BPOMAS (Botswana Public Officers Medical Aid Scheme) is a medical aid scheme established to provide healthcare benefits to public officers in Botswana. Operating from its headquarters in Gaborone, the organization administers medical aid coverage for government employees across the country. BPOMAS manages member contributions, processes claims, and negotiates with healthcare providers to ensure accessible medical services for its beneficiaries. The scheme plays a significant role in Botswana's public sector employment landscape by offering comprehensive health insurance as part of government workers' benefits package.
Your Health, Our Priority
Frequently Asked Questions
What qualifications or certifications are typically required for an Independent Member of the Investment Sub-Committee role at Bpomas?
Candidates usually need a relevant degree in finance, economics, or business administration, plus professional certifications such as CFA, CA, or CISI. Experience in investment management, corporate governance, or pension fund oversight is highly valued. Membership with the Botswana Institute of Chartered Accountants or similar professional bodies strengthens your application.
What are the typical day-to-day responsibilities of an Independent ISC member?
You will review investment performance reports, assess fund manager selections, and monitor compliance with investment mandates and regulations. The role involves attending quarterly sub-committee meetings, evaluating risk management frameworks, and providing independent oversight to protect member interests. Preparation time for meetings and ad-hoc consultations with management are also expected.
How does the work culture and expectations differ for independent committee roles in Botswana compared to full-time positions?
Independent roles operate on a non-executive basis with defined meeting schedules rather than daily office presence, reflecting Botswana's growing governance professionalism. Punctuality, preparation, and constructive challenge are culturally expected—hierarchical respect exists but independent voices must speak candidly. Your reputation and network within Botswana's small professional community significantly impact effectiveness.
What career progression opportunities exist after serving as an Independent ISC member?
Successful members often advance to chairperson roles on investment or audit committees, or join boards of other pension funds and parastatals in Botswana. The experience builds credentials for directorships at listed companies, regulatory bodies, or regional investment institutions. Some transition into consulting or advisory roles specializing in pension governance across Southern Africa.
What benefits typically accompany independent committee appointments in Botswana's pension sector?
Remuneration varies by fund size and complexity, usually paid as meeting fees and annual retainers rather than salaries. Independent members typically do not receive employee benefits like medical aid or pension contributions, though some larger funds may offer modest allowances. The appointment duration and fee structure are specified in your letter of appointment, usually reviewed annually.
How should I apply for an Independent ISC position, and what do Batswana employers prioritize in candidates?
Monitor vacancies through the Public Procurement and Asset Disposal Board, fund websites, and professional networks like the Botswana Institute of Directors. Employers prioritize demonstrated independence, relevant technical expertise, and integrity—conflict-of-interest declarations are scrutinized closely. A track record in fiduciary responsibility and understanding of Botswana's Pension and Provident Funds Act gives competitive advantage.
